Average Medical Records Specialists Salary in Little Rock-North Little Rock-Conway, AR
In the Little Rock-North Little Rock-Conway, AR metropolitan area, Medical Records Specialists earn an average annual salary of $47,260. This figure is notably below the national average of $55,480, suggesting that local market dynamics and potentially lower operational costs influence compensation in this region. The specific economic landscape of Central Arkansas plays a significant role in shaping the earning potential for these vital healthcare support professionals.
Executive Summary
- Average Salary: $47,260 per year.
- Growth Trend: Salaries have shifted 8.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $65,150.
- Outlook: The Little Rock-North Little Rock-Conway, AR area supports a dedicated workforce of 630 Medical Records Specialists. With a Location Quotient of 1.47, this indicates a higher concentration of these roles compared to the national average, suggesting a robust local demand or a specialized regional focus on health information management. The presence of nearly 1.8 jobs per 1,000 workers further underscores the established presence and ongoing need for these professionals within the local economy.
Salary Overview
The average Medical Records Specialists in Little Rock-North Little Rock-Conway, AR earns-14.8%below the national average.
$22.7
$909
$3,938
Medical Records Specialists Salary Trends (2020-2024)
While specific historical data for this role in Little Rock is not provided, it's reasonable to assume a general upward trend in Medical Records Specialist salaries over the past four years, mirroring national patterns. Factors such as increasing healthcare data complexity, evolving regulatory requirements, and the growing emphasis on efficient record-keeping likely contribute to salary growth, even in localized markets. This suggests a positive trajectory for compensation, albeit potentially at a different pace than the national average.
Medical Records Specialists Salary Distribution in Little Rock-North Little Rock-Conway, AR
Career progression for Medical Records Specialists typically involves a significant salary increase with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with specialized skills or supervisory responsibilities can command substantially higher salaries. The percentile gaps in earnings signify clear opportunities for advancement, with senior specialists earning considerably more than their junior counterparts, reflecting accumulated expertise and broader responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $33,370 | $16 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $35,445 | $17 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $40,910 | $19.7 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $59,075 | $28.4 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $65,150 | $31.3 |
Detailed Medical Records Specialists Market Analysis
Relocation Context
Nominal Salary
$47,260
Gross Pay
Real Wage (Purchasing Power)
$47,260
Adjusted for COL (100)
The average annual salary of $47,260 for Medical Records Specialists in Little Rock-North Little Rock-Conway, AR aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary is equivalent to the national standard. Therefore, the $47,260 earned locally offers a comparable lifestyle to what $55,480 might provide in a higher cost-of-living area, making it a financially stable choice for residents.
Job Market Context
630
Total Jobs
1.786
Per 1K Jobs
1.47
Location Quotient
With a location quotient of 1.47, Little Rock-North Little Rock-Conway, AR has a slightly higher-than-average concentration of Medical Records Specialists roles compared to the national norm.
A Location Quotient of 1.47 for Medical Records Specialists in Little Rock-North Little Rock-Conway, AR signifies a market where these professionals are more concentrated than the national average. This suggests a potentially competitive job market, but also indicates a strong regional presence and demand for these specialized skills. Employers may find a readily available talent pool, while job seekers benefit from a market that values their expertise, potentially leading to more opportunities within healthcare facilities.
Nearby Job Markets
Nearby Cities for Medical Records Specialists
| City | Salary | Dist. |
|---|---|---|
| South Arkansas nonmetropolitan area Medical Records Specialists Salary | $41,080↓ 13% | 17 mi |
| North Arkansas nonmetropolitan area Medical Records Specialists Salary | $45,140↓ 4% | 17 mi |
| West Arkansas nonmetropolitan area Medical Records Specialists Salary | $40,710↓ 14% | 17 mi |
| East Arkansas nonmetropolitan area Medical Records Specialists Salary | $45,840↓ 3% | 17 mi |
| Hot Springs, AR Medical Records Specialists Salary | $41,960↓ 11% | 43 mi |
Comparing salaries near Little Rock-North Little Rock-Conway, AR
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Frequently Asked Questions
How much does a Medical Records Specialists make in Little Rock-North Little Rock-Conway, AR?
The median annual salary for a Medical Records Specialists in Little Rock-North Little Rock-Conway, AR is $47,260. This typically ranges from $33,370 for entry-level positions to $65,150 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Little Rock-North Little Rock-Conway, AR is 14.8% lower than the national median of $55,480.
Is Little Rock-North Little Rock-Conway, AR a lucrative place for Medical Records Specialists?
No, but it offers equivalent purchasing power.While the average salary of $47,260 is below the national average, the Cost of Living Index of 100 means your earnings have the same buying power as the national average. The strong concentration of roles (LQ 1.47) indicates good local demand.
Is Little Rock-North Little Rock-Conway, AR a good place to live for Medical Records Specialists?
The Cost of Living Index in Little Rock-North Little Rock-Conway, AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Little Rock-North Little Rock-Conway, AR?
Some top paying nearby cities include South Arkansas nonmetropolitan area ($41,080) and North Arkansas nonmetropolitan area.
How does the Little Rock Medical Records Specialist salary compare to the national average?
The average salary for Medical Records Specialists in Little Rock is $47,260, which is lower than the national average of $55,480.
What is the concentration of Medical Records Specialists in Little Rock?
The concentration, measured by the Location Quotient, is 1.47, meaning there are significantly more Medical Records Specialists per worker in Little Rock compared to the national average.
Does the cost of living affect the value of a Medical Records Specialist's salary in Little Rock?
No, the Cost of Living Index is 100, which is the national average. This means the $47,260 salary has the same purchasing power locally as the national average salary does nationally.
How many Medical Records Specialists work in the Little Rock area?
There are approximately 630 Medical Records Specialists employed in the Little Rock-North Little Rock-Conway, AR metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 630 employees in the Little Rock-North Little Rock-Conway, AR area with a job density of 1.786 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Medical Records Specialists • Data source: BLS OEWS 2024 •Jobs in Little Rock-North Little Rock-Conway, AR